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First Atlantic Nickel Announces Upsize of LIFE Offering
TMX Newsfile· 2026-02-13 00:49
Core Viewpoint - First Atlantic Nickel Corp. has announced an increase in its non-brokered private placement due to strong investor demand, reflecting confidence in the company's growth strategy and long-term prospects [1][2]. Group 1: Private Placement Details - The private placement will consist of up to 21,666,667 common shares at a price of $0.18 per share, aiming for aggregate gross proceeds of up to $3,900,000 [2]. - The strategic investor's participation will allow them to maintain an ownership interest of up to 9.99% [2]. - The first tranche of the offering is expected to close on or about February 18, 2026, pending necessary regulatory approvals [5]. Group 2: Regulatory Compliance and Offering Document - The shares will be offered to purchasers in all provinces of Canada except Quebec, under the Listed Issuer Financing Exemption [3]. - An amended and restated offering document related to the LIFE Offering is available on the company's profile and website [4]. Group 3: Use of Proceeds - The gross proceeds from the offering will be used to advance the company's projects, including Pipestone XL and Ophiolite-X, satisfy option payment obligations, manage mineral claims, and cover general administrative expenses [6]. Group 4: Acquisition of Mineral Claims - The company has closed asset purchase agreements to acquire mineral claims in the Blow Me Down and Lewis Hills massifs, branding this strategic land position as the "Ophiolite-X" project [8]. - The acquisition includes 500 mineral claims and the issuance of 4,710,000 common shares as consideration, with specific net smelter returns royalties attached to the licenses [8]. Group 5: Company Overview - First Atlantic Nickel Corp. focuses on the discovery and development of awaruite, a rare nickel-iron-cobalt alloy, at its Pipestone XL Project in Newfoundland [11]. - The project spans the 30-kilometer Pipestone Ophiolite Complex, containing multiple zones of awaruite mineralization [11].
Q-Gold Resources Invited to BMO Global Metals, Mining & Critical Minerals Conference
Globenewswire· 2026-02-12 23:00
Core Insights - Q-Gold Resources Ltd. has been invited to attend the BMO Global Metals, Mining & Critical Minerals Conference in Hollywood, Florida from February 22 to 25, 2026, marking a significant opportunity for the company to engage with institutional investors and industry leaders [1][2][3] Company Overview - Q-Gold Resources Ltd. is a publicly traded mineral exploration and development company focused on advancing gold and silver projects in mining-friendly jurisdictions across North America, with shares listed on TSX Venture Exchange, OTCQB, and Börse Frankfurt [6][7] - The company's flagship asset is the Quartz Mountain Gold Project located in southern Oregon, which is strategically positioned in a historically productive mining district with excellent infrastructure access [3][7] Project Details - The Quartz Mountain Gold Project has an estimated 1.543 million ounces of gold at a grade of 0.96 g/t and 2.049 million ounces of silver at a grade of 1.27 g/t within 50,002 kt of indicated mineral resources. Additionally, there are 148,000 ounces of gold at 0.77 g/t and 135,000 ounces of silver at 0.70 g/t within 5,992 kt in the inferred category [4] - The project represents a significant opportunity for Q-Gold to advance its portfolio and unlock long-term value for shareholders [4] Strategic Focus - The company is committed to progressing its portfolio of gold and silver assets toward production, with a primary focus on the Quartz Mountain Gold Project and the Mine Centre Gold Project in Ontario [7] - Q-Gold aims to expand resources through systematic exploration and disciplined project development, backed by rigorous technical work and responsible environmental stewardship [7]
Surge Copper Announces Upsize of Private Placement to $20 Million
Globenewswire· 2026-02-12 02:50
Core Viewpoint - Surge Copper Corp. has increased the size of its non-brokered private placement to $20 million, reflecting strong demand and financial strength for advancing its projects [1][2]. Group 1: Offering Details - The Offering will consist of 40 million units priced at $0.50 per unit, aiming for gross proceeds of $20 million [1]. - The Offering is expected to close on or about February 26, 2026, and may be completed in one or more tranches, subject to regulatory approvals [4]. - The company may pay finders cash fees of 6% of eligible funds raised under the Offering at its discretion [5]. Group 2: Use of Proceeds - Net proceeds from the Offering are anticipated to be used for advancing mineral exploration and development projects, including the Berg and Ootsa projects, as well as for working capital and general corporate purposes [3]. Group 3: Strategic Investor Participation - A strategic investor has the right to participate in the Offering to maintain its ownership interest, subject to regulatory limits and approvals [2]. - The gross proceeds assume full exercise of this participation right by the strategic investor [2]. Group 4: Company Overview - Surge Copper Corp. is advancing the Berg Project, which hosts a large-scale copper-molybdenum-silver deposit with strong development potential [7]. - The company also controls a large mineral claim package that includes multiple advanced porphyry deposits, positioning it as a contributor to Canada's critical minerals strategy [8].
Surge Copper Announces $15 Million Private Placement to Advance Berg Project
Globenewswire· 2026-02-10 12:51
Core Viewpoint - Surge Copper Corp. is initiating a non-brokered private placement of 30 million units at a price of $0.50 per unit, aiming for gross proceeds of $15 million to support its mineral exploration and development projects [1][5]. Group 1: Offering Details - Each unit consists of one common share and one non-transferable common share purchase warrant, with the warrant allowing the purchase of an additional common share at an exercise price of $1.00 for three years [2]. - The warrants include an acceleration provision, allowing the company to shorten the expiry date if the common shares trade at a volume-weighted average price of $1.50 or greater for 20 consecutive trading days [3]. - The offering is expected to close around February 26, 2026, and may be completed in multiple tranches, subject to regulatory approvals [6]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to advancing mineral exploration and development projects, including the Berg and Ootsa projects, as well as for working capital and general corporate purposes [5]. Group 3: Strategic Investor Participation - A strategic investor has the right to participate in the offering to maintain its ownership interest, with the gross proceeds assuming full exercise of this right, subject to regulatory approvals [4]. - Any warrants issued to the strategic investor will have restrictions to prevent ownership from exceeding 19.9% of the outstanding common shares [4]. Group 4: Company Overview - Surge Copper Corp. is focused on advancing the Berg Project, which hosts a significant copper-molybdenum-silver deposit, and is progressing towards a Pre-Feasibility Study to define its development potential [8][9]. - The company also controls a large mineral claim package that includes multiple advanced porphyry deposits, positioning it as a contributor to Canada's critical minerals strategy [10].
Intrepid Announces C$6.5 million Non-Brokered Private Placement
TMX Newsfile· 2026-02-09 12:00
Core Viewpoint - Intrepid Metals Corp. has announced a non-brokered private placement to raise up to C$6.5 million, with Teck Resources Limited participating by subscribing for approximately C$4.1 million worth of shares, reflecting confidence in the Corral Copper Project's potential [1][2][3]. Financing Details - The Offering will consist of common shares priced at C$0.60 each, with Teck acquiring 6,842,881 shares, which will increase its ownership to approximately 15% of the total shares on a non-diluted basis upon closing [1][7]. - The proceeds will fund a 30-month exploration and development program at the Corral Copper Project, including various geological and drilling activities [3][10]. Strategic Partnership - Teck's increased investment is seen as a strong endorsement of the Corral Copper Project's quality and potential, indicating a strategic alignment between Intrepid and Teck [2][3]. - An amendment to the existing investor rights agreement will allow Teck to increase its maximum ownership from 15% to 19.9% and extend timelines for the committed program [4]. Project Overview - The Corral Copper Property is located in Cochise County, Arizona, near historical mining areas, and is considered an advanced exploration opportunity [10][11]. - Historical drilling data and modern exploration techniques are being utilized to enhance the project's development potential [12][13]. Management Update - Intrepid Metals Corp. has announced the resignation of Mr. Matt Lennox-King from its Board of Directors, thanking him for his contributions [9].
Total Metals Accelerates Exploration at the Electrolode Critical Minerals Project and Provides Update on Loan to Kattegat Mining Inc.
Thenewswire· 2026-02-09 11:30
Core Viewpoint - Total Metals Corp. is expanding its exploration efforts at the Electrolode Critical Minerals Project by mobilizing an additional diamond drill rig to accelerate testing of high-priority targets in the Red Lake mining district of Ontario [1] Exploration and Development - The additional drill rig will enhance the ongoing 5,500-metre winter drill program initiated in late January 2026, focusing on high-priority electromagnetic conductors and historical high-grade zones across a 6-kilometre mineralized trend [1] - The expansion allows simultaneous exploration at the Arrow Zone, targeting continuity with the adjacent Garnet Zone, while also testing complex litho-structural targets and potential gold-bearing cross structures identified through recent 3D inversion modeling [2] Financial and Strategic Updates - On February 6, 2026, the company terminated a loan agreement with Kattegat Mining Inc. and will not proceed with funding, while evaluating other opportunities aligned with its business objectives [3] - Total Metals has entered into a 30-day media services agreement with i2i Marketing Group LLC, commencing on February 15, 2026, for a total consideration of US$250,000, covering various marketing services [3][4] Company Overview - Total Metals Corp. focuses on its 100% owned Electrolode Project, covering over 3,300 contiguous hectares in northwestern Ontario, targeting high-potential critical mineral and gold resources [7] - The Electrolode Project is strategically located near major mines in the Red Lake Gold camp and is fully permitted for exploration drilling, hosting 10 historic mineralized zones with significant expansion potential [7]
QGold Strengthens Management Team with Key Appointments as it Advances The Quartz Mountain Gold Project
Globenewswire· 2026-02-05 14:21
Core Viewpoint - Q-Gold Resources Ltd. has announced key appointments to strengthen its team for the advancement of the Quartz Mountain Gold Project in Oregon, following recent permitting developments in the state [1][9]. Company Developments - Catherine Callaghan has been appointed as Director of Permitting and Community Affairs, bringing over 25 years of experience, including 15 years of direct involvement with the Quartz Mountain project [2][4]. - Wolfgang (Wolf) Schleiss has been appointed as Director of Exploration for the Quartz Mountain and Great Basin Region, with over 40 years of exploration experience and previous management of the Quartz Mountain project under Alamos Gold [4][5][6]. Project Overview - The Quartz Mountain Gold Project is Q-Gold's flagship asset located in southern Oregon, characterized by its promising development potential and established mineral resource estimates [10][11]. - The project has an estimated 1,543,000 ounces of gold at a grade of 0.96 g/t and 2,049,000 ounces of silver at a grade of 1.27 g/t within the indicated mineral resource category [15]. Industry Context - Recent developments in the Oregon mining sector include the approval of Paramount Gold Nevada Corp.'s Grassy Mountain Gold Project, marking a significant milestone in the state's unified permitting framework [7][8]. - This approval reinforces confidence in the regulatory environment for gold mining projects in Oregon, which is beneficial for Q-Gold's Quartz Mountain project [9]. Future Focus - Q-Gold aims to complete its Preliminary Economic Assessment for the Quartz Mountain project while advancing permitting efforts and creating value for shareholders and the local community [9].
Adyton Resources Corporation to Present at the Precious Metals & Critical Minerals Virtual Investor Conference February 11th
Globenewswire· 2026-02-05 13:35
Core Insights - Adyton Resources Corporation will present at the Precious Metals & Critical Minerals Virtual Investor Conference on February 11, 2026, focusing on restarting the Fergusson Island mine for near-term production and expanding its gold and copper resources [1][2]. Company Overview - Adyton Resources Corporation is an emerging gold explorer and developer with a focus on high-quality assets in Papua New Guinea (PNG), a region rich in minerals [6]. - The company is strategically positioned for near-term gold production while exploring significant upside across its extensive land package [6]. Project Highlights - Adyton's core projects are located on the Pacific Ring of Fire, including Fergusson Island and Feni Island, situated in a significant copper-gold belt with world-class deposits [7]. - The company has a total Mineral Resource Estimate of 206,000 ounces of gold (Indicated) and 2,193,000 ounces of gold (Inferred) across its PNG portfolio [8]. - Recent drilling success, including notable copper intercepts at Feni, enhances the company's development potential and discovery upside [8]. Development and Engagement - The company is advancing permitting and development activities, supported by in-country engagement, which is crucial for fast-tracking development [10]. - Adyton has a large, underexplored land package with multiple high-priority targets, indicating strong growth potential [10]. - The company offers significant exposure to gold and copper, with multiple upcoming news-flow catalysts that could impact valuation [10].
Silver One Announces Closing of Final Tranche of $32 Million Financing
TMX Newsfile· 2026-02-04 04:31
Core Viewpoint - Silver One Resources Inc. has successfully closed its second and final tranche of a non-brokered private placement financing, raising a total of $32,000,340 through the issuance of 55,173,000 units at a price of $0.58 per unit [1][4] Group 1: Financing Details - The second tranche involved the issuance of 1,590,000 units for gross proceeds of $922,200 [1] - Each unit consists of one common share and one-half of a common share purchase warrant, with each whole warrant allowing the purchase of an additional common share at $0.80 for three years [2] - The total cash fee paid to finders for the entire offering amounted to $1,834,754, with no finder's warrants issued [3] Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to various activities including drilling programs, exploration and geophysics work, metallurgical and environmental studies, and preparing a pre-feasibility study for the Candelaria Project [4] Group 3: Company Overview - Silver One is focused on the exploration and development of silver projects, holding a 100% interest in the Candelaria Mine in Nevada, which has potential for near-term production [6] - The company has staked 636 lode claims and entered into a Lease/Purchase Agreement for five patented claims on the Cherokee project, which hosts multiple silver-copper-gold vein systems [7] - Additionally, Silver One owns a 100% interest in the Silver Phoenix Project, a high-grade native silver prospect located in the Arizona Silver Belt [8]
NexMetals Appoints David Eichenberg as Vice President, Geology and Grants Equity Incentive Awards
TMX Newsfile· 2026-02-02 12:00
Core Insights - NexMetals Mining Corp. has appointed Mr. David Eichenberg as Vice President of Geology, effective immediately, bringing 28 years of global mining experience to the company [1][2] - The company has granted equity incentive awards, including 134,300 restricted share units (RSUs) and 50,000 stock options, to certain officers, employees, and consultants [3][4] Company Developments - Mr. Eichenberg has a strong background in geoscience, having held senior roles at DeBeers and Rio Tinto, and is recognized for his ability to build high-performing technical teams [2] - The RSUs granted will vest over a period of three years, with 47,800 RSUs vesting on the first anniversary and the remaining 86,500 RSUs vesting in two equal parts on the second and third anniversaries [3] - The stock options have an exercise price of C$8.00 per share and will vest immediately, with a two-year term from the date of grant [4] Company Profile - NexMetals Mining Corp. is focused on redeveloping the Selebi and Selkirk copper-nickel-cobalt-platinum group element mines in Botswana, with confirmed mineralization larger than historical estimates [5] - The company emphasizes disciplined execution, transparent governance, and long-term stakeholder value creation, supported by a management team with a proven track record in global mineral projects [5]